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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Greg Wilder who wrote (2830)8/3/1998 9:40:00 PM
From: jpbp  Respond to of 15313
 
Thoughts about tightening.....

As we get tighter and tighter with the float (now very few trades are executed at any sizeable amount except the selss because MM's are eager to grab any and everything they can) the price will/ought to continue to move parabolically higher as Wiz has referred to several times...

If you notice after the first major wave there was 6-7 months consolidation.....after second wave 3 months sharp the a move....now this third wave...I am guessing we will/could see many spurts on VERY short notice.

I believe that this is what Wiz and other are referring to when they say the 3rd wave will be higher and longer than many imagine....

When there are literally NO shares to buy the price has to skyrocket with ANY buying...and that's all there is too it.

The well is getting very dry it seems....the rocket is on the launch pad and we are T minus 10, 9, 8, 7.....

you get the picture.

My .02

jpbp



To: Greg Wilder who wrote (2830)8/3/1998 9:52:00 PM
From: Bill Fortune III  Read Replies (2) | Respond to of 15313
 
Hi Greg., I agree with you when said you thought FNTN might stay in the $1.45 range a little longer. It is still possible that it could retrench to that area, but if the current trend continues no matter have small the daily changes I fully agree with you that $7-8 might not be to far off. As I said in one of my earlier post today I need to watch it a little while longer before I make a total commitment to that. I know one thing for sure we will see some down days and that is just the name of the game. But that will not dissuade me from being long on FNTN.

Thanks for you post and insight!

Regards,

Bill Fortune III